(Breitbart) – Republican Sen. Rand Paul (R-KY) says he has contributed $250,000 and pledged another $200,000 to pay for a proposed GOP presidential caucus in his home state of Kentucky next year.
State GOP officials are scheduled to vote Saturday on rules for the proposed March 5 caucus.
The state party’s proposed switch from a primary to a caucus would allow Paul to run for president and re-election to his U.S. Senate seat simultaneously without violating a state law banning candidates from appearing on the ballot twice.
In a letter to party officials, Paul says he transferred $250,000 to a state GOP account. He pledged to raise or transfer another $200,000. He says the caucus will cost an estimated $400,000 to $500,000.
More money would come from filing fees paid by candidates.
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Senate Majority Leader Sen. Mitch McConnell (R-KY) said Monday that Paul is sticking to his commitment to defray caucus costs. McConnell has endorsed the caucus.